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South Dakota LLC

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When you file an LLC ( Limited Liability Company ) with the secretary of state, you gain the advantages of limited liability for the entity's debts and obligations. An LLC combines aspects of partnerships and corporations, so it is less formal and more flexible than a typical corporation, yet offers protection and advantages that are almost the same.

Services start at $69

Reasons to file an LLC

Option to choose how the company will be taxed i.e. Sole proprietor, Partnership, C-Corp and S-Corp.

Less formal entity structure then a corporation. No annual meetings or minutes are required to be documented (most still do).

Owners are not required to be United States citizens.

More professional business structure in the eyes of consumers.

South Dakota Specific Filing Requirements:

Any Limited Liability formed in, or registered to do business in, South Dakota must designate itself as an LLC by choosing a name that includes 'limited liability company', 'limited company', or the abbreviation 'L.L.C.', 'LLC', 'L.C.', or 'LC'. If the organizers so wish, they may abbreviate limited as 'Ltd.' and company as 'Co.'.

LLCs that do business in South Dakota must appoint a registered agent. The agent can either be a full-time resident of the state, or a company licensed to do business within the state, as long as they have a physical street address in South Dakota. LLCs may also opt to designate a Commercial Registered Agent, in which case they must provide the CRA number of that agent in the Articles of Organization

If a Limited Liability Company was formed outside of South Dakota but would like to do business in the state, the must file an Application for Certificate of Authority, along with a one-page certificate of existence from whichever state the LLC was originally formed in.

Generally filings are completed within 2 weeks* at the state
level, however with rush filing it takes about 1 week*.

Incorporate In South Dakota

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Business owners most commonly form a corporation to protect their personal assets from their business liabilities. A correctly structured corporation allows owners, directors & officers to manage and run the business without worrying that they could potentially lose their home, car and personal savings due to business obligations or debts.

Reasons to file a South Dakota Corporation:

Shareholders are not required to be United States Citizens in a C-Corporation.

More professional business structure in the eyes of consumers.

South Dakota Specific Filing Requirements:

The state does not require a business address located within the state of South Dakota.

The state generally completes filings within 2 weeks*, however with rush filing it takes about 1 week*.

Director information is required on the Articles of Incorporation.

South Dakota Non-Profit Corporation

We'll file all your documents with the secretary of state

Business owners most commonly form a corporation to protect their personal assets from their business liabilities. A correctly structured corporation allows owners, directors & officers to manage and run the business without worrying that they could potentially lose their home, car and personal savings due to business obligations

File a Non-Profit Corporation in South Dakota

Services start at $69

Reasons to file an South Dakota Non profit Corporation:

A 501(c) organization, also known as a "non-profit", is an American tax-exempt non-profit organization.

There is a deduction, for federal income tax purposes, for some donors who make charitable contributions to most types of 501(c)(3) organizations.

There are 28 types of non-profit organizations that are exempt from some federal income taxes.

When becoming a non-profit, you first must become incorporated as one in your state. Then the corporation can apply for the tax exempt status.

To accept money or donations for a qualifying entity (such as churches, charities & civic leagues), a nonprofit entity should be filed.

South Dakota Specific Filing Requirements:

The state does not require a business address located within South Dakota.

The state generally completes filings within 2 weeks*, however with rush filing it takes about 1 week*.

Director information is required on the Articles of
Incorporation.

South Dakota Professional Corporation

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If a corporation will be engaging in what your state might call professional services, then a "Professional Corporation" must be formed pursuant to certain statutory provisions.
professional services according to most states usually consists of services like medical services, legal services, accounting and financial services etc.

File a Professional Corporation in South Dakota

Services start at $69

Reasons to file an South Dakota Professional Corporation:

Professional corporations (abbreviated as PC or P.C.) are corporate entities that are required by licensing boards, for such professionals as attorneys, architects, engineers, public accountants and physicians.

Legal regulations applying to professional corporations typically differ in important ways from other corporations.

Professional corporations may exist as part of a larger, corporate entity. For example, a law firm or medical practice might be organized as a partnership of several or many professional corporations.

South Dakota Specific Filing Requirements:

The state does not require a business address located within
South Dakota.

The state generally completes filings within 2 weeks*, however with rush filing it takes about 1 week*.

Director information is required on the Articles of
Incorporation.

MyCorporation Makes Filing Easy:

Answer a few basic questions

We'll complete and submit your filings

You'll receive your completed filings

State Information:

South Dakota, the Mount Rushmore state, is a modern day blend of Old West attractions and modern day industry and research. The state's economy is driven by the traditional industries of agriculture, financial services and manufacturing, but gaining momentum are the professional and technical services industries, knowledge-based industries such as biotech and business processes. Small businesses totaled 77,234 in South Dakota in 2009. They represent 97% of all employers and employ 61% of the private-sector workforce.

Being such a large part of the state's economy, these businesses are central to South Dakota's health and well-being. South Dakota's economy continues to see increase in real gross state product. Most of South Dakota's small businesses are very small, as 72% of all businesses did not have employees and most employers have fewer than 20 employees. Self-employment in South Dakota surged over the last decade. Veteran self-employment fared the best compared with other demographic groups during the decade. According to the SBEC (Small Business Entrepreneurial Council), South Dakota is the most small business friendly state
Click here to learn more about starting a business in South Dakota.

*State filing turn around times are subject to change without notice. Times listed on our site are accurate at the time of our last update.